Progressive Corporation
The Progressive Corporation (NYSE: PGR) is an insurance holding company whose subsidiaries provide personal and commercial auto, residential property, recreational vehicle, general liability, commercial property, workers’ compensation, and other property-casualty insurance, primarily to consumers and small businesses.… From the company’s description.
In fiscal 2025, Progressive Corporation reported revenue of $87.67B, up 16.3% from fiscal 2024, and net income of $11.31B. Its operating margin was 15.7%, and operations generated $17.55B in cash. Over the twelve months to Jun 30, 2026, revenue was $91.06B.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Progressive Corporation does
In the company’s own words
The Progressive Corporation (NYSE: PGR) is an insurance holding company whose subsidiaries provide personal and commercial auto, residential property, recreational vehicle, general liability, commercial property, workers’ compensation, and other property-casualty insurance, primarily to consumers and small businesses. Its two reportable operating segments are Personal Lines, which generated 87% of net premiums written in 2025, and Commercial Lines, which generated 13%. Personal Lines includes auto, motorcycle, watercraft, other recreational vehicle, homeowners, and renters coverage; Commercial Lines serves small businesses and the transportation industry with commercial auto, business property and liability, and workers’ compensation products. Policies are sold directly and through independent agents, with commercial auto primarily distributed through agents. Brands and offerings include Snapshot usage-based insurance, HomeQuote Explorer, BusinessQuote Explorer, and Smart Haul. Progressive operates throughout the United States and had approximately 70,000 employees at December 31, 2025; its investment portfolio had a fair value of $97.4 billion at that date. Its website is www.progressive.com.
Company details
- Sector
- Financials
- Industry (SIC)
- Property & Casualty Insurance
- Headquarters
- MAYFIELD VILLAGE, OH
- Fiscal year end
- December
- CIK
- 80661
- SIC
- 6331
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Progressive Corporation — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Progressive Corporation · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Progressive Corporation’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Progressive Corporation’s bonds, as funds hold them
Funds report holding 16 issues of Progressive Corporation’s debt, $1.08B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.50%, maturing 2027 to 2052.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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- “How do Progressive Corporation and its peers compare on margins and cash generation over ten years?”
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